I had an article in the guardian yesterday about tomatoes. Lots of blowback. Apparently, people care a lot about their tomatoes. So much so that someone suggested the article was sponsored. Sorry to burst the bubble guys but it wasn’t sponsored. Another said I was opposing government policy for opposing sake, and not offering any… Continue reading Why tomatoes
The one where I write about the recently launched tomato policy and why it is probably just another wild goose chase. https://guardian.ng/business-services/like-tomato-like-rice-yet-another-special-intervention-policy/?F
First a bit of background. Nigeria incurred a lot of debt in the 80’s mostly from the Paris club, a group of international lenders. The federal government took these loans and spent it alone. A proverbial chopping and cleaning mouth. The loans of course needed to be serviced and paid back. Now, since about 1995,… Continue reading Quick question on the “Paris club refund”
Is the increased rice production enough to say that the import substitution policy is working? My article in the guardian today. http://guardian.ng/business-services/import-substitution-the-other-side-of-the-rice-coin/?F
The one where I ask the technocrats trying to improve the business environment to think about sustainability and not forget the politics. In the guardian today online and in print. https://guardian.ng/features/doing-business-dont-forget-the-politics/
If we are trying to build an economy that works, that can create jobs, and that can drive Nigeria into the future, we will have to let some old ideas, and some old businesses die In the guardian today online and in print. https://guardian.ng/features/creative-destruction-in-business-death-is-a-part-of-life/
This is really becoming tiring but we must. The central bank announced yet another intervention program disguised as a policy yesterday. The policy may be in response to marching orders received by the central bank governor during the last FEC meeting to reduce the spread between the interbank and black market. The spread has risen… Continue reading Naira struggles: And another one….